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The comparison of monetary causes of the crisis in 1970s and the current crisis
Jaklínová, Jana ; Šíma, Josef (advisor) ; Řežábek, Pavel (referee)
The magister thesis makes comparison of monetary causes of the crises in 1970s and the current crises in the United States of America. On the basis of theoretical part that analyzes the Austrian theory of the business cycle derives work in analytical part the consequences of monetary policy on the economy in both of observed periods. Through the use of history of monetary policy finds the thesis advice for solution to current crises. The thesis analyzes monetary instruments of American central bank and explains the mechanism of transfer of money into the economy. In the terms of current economic debates the thesis conclusion answers the question if or on what condition can actual situation of the economy of the United States of America leads in stagflation development.

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